If $9,000 is invested at 9.5% compounded continuously, find the future value after 5 1/2 years. (Round your answer to the nearest cent.)
If $9,000 is invested at 9.5% compounded continuously, find the future value after 5 1/2 years. (Round your answer to the nearest cent.)
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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If $9,000 is invested at 9.5% compounded continuously, find the future value after 5 1/2 years. (Round your answer to the nearest cent.)
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